Retail Pharmacy in Irvine's Medical Building!

Irvine, CA (Orange County)

Retail Pharmacy in Irvine's Medical Building!
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Asking Price: $85,000

Cash Flow: $65,325

Gross Revenue: $456,250

EBITDA: $65,325

FF&E: $50,000

Inventory: $23,500*

Established: 2011

*not included in asking price.

Retail Pharmacy in Irvine's Medical Building!

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Business Description

Welcome to beautiful Irvine, Orange County, California!!! Retail Pharmacy, centrally located Inside medical building near large Medical Center. Established in 2011. The Pharmacy is located in the heavily populated area of Irvine near 5 and 405 Highways. Close to John Wayne Airport and University of California Irvine. Most of major insurances are accepted. Pharmacy is doing 20-30 scripts a day. Medicare/Cigna, Express Scripts/OptumRX/ CVS/Caremark/ARETE Co-Op. and many others Opportunities for servicing patients requiring controlled meds.

Buyers will have to apply for DEA provider. Micro Merchant System Software. The pharmacy is about 900 sf. $4,250 lease. Over $50K was spent on tenant improvements. Inventory of about 25K is not included in asking price. Save time and headache opening new [Sterile, Non Sterile/Retail Compounding Pharmacy and applying for all insurances. PIC may stay if needed for a reasonable amount of time. Great opportunity to reach out to local RCFEs, LTCs and Assisted Living Facilities, etc. Excellent lease terms and options. Wholesaler is Cardinal. Open 5 days a week. Motivated seller may consider management agreement with qualified buyer. All licenses and insurance contracts are in good standing.

Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. Seller is motivated. All of the above information per Seller please rely on your own due diligence on market conditions and this industry before making any commitment and decision making.

Detailed Information

Irvine, CA
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller Will Train
Reason for Selling:
Other Plans
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(from currently available funds)
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Alex Levitan

Business Listed By:
Alex Levitan

Pacific Business Advisors

Sponsoring Broker:
Fred Mercuro

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